3103 - 3109 E Funston St Wichita, KS 67211

Listing details for 3103 - 3109 E Funston St, Wichita, KS 67211 : THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:30 PM ON MARCH 31ST. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE. PROPERTY IS SELLING WITH CLEAR TITLE AT CLOSING AND NO BACK TAXES. PROPERTY PREVIEWS AVAILABLE. What a great investment opportunity to purchase these two duplexes selling together in Southeast Wichita!  There are a total of four units, all tenant occupied giving you a monthly income of $3,475 and an annual income of $41,700! Each unit has 3-bedrooms, 1.5-bathrooms.  The property features a detached four-car garage providing a covered parking spot for each unit. Off-street parking is also available. There are separate water, gas, and electric meters. Each unit has a front porch and backyard patio with a privacy fenced-in area. All units are clean, have no pets, and are smoke-free, per the seller.  Inside these quad-level units on the main level is a living room and kitchen with outside access, eating space, and includes the refrigerator, oven, and dishwasher. The upper level provides two bedrooms and a full bathroom. The lower level has a spacious family room, a third bedroom, and a half bathroom. The unfinished basement provides laundry hookups and storage space.  3103 - This unit is rented for $780 a month, month to month, with a $500 security deposit. (4-year tenant) 3105 - This unit is rented for $875, month to month, with an $875 security deposit. 3107 - This unit is rented for $910 a month with an $850 security deposit. (3-year Section 8 tenant with a lease until 10/31/22) 3109 - This unit is rented for $910 a month with a $750 security deposit. (3-year Section 8 tenant with a lease until 10/31/22) Per the sellers, there was a sewer inspection for both duplexes on February 14th, 2018. (from the city main back to both duplexes). The results of each inspection were favorable. Videos are available upon request. See the property information packet for a list of updates from the seller.  Pictures of unit 3109 are currently unavailable due to Covid restrictions.  *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $20,000.